Norway shares higher at close of trade; Oslo OBX up 0.37%

Investing.com – Norway equities were higher at the close on Monday, as gains in the Healthcare Equipment&Services, Pharma Biotech&Life Sciences and Utilities sectors propelled shares higher.

At the close in Oslo, the Oslo OBX added 0.37%.

The biggest gainers of the session on the Oslo OBX were Norsk Hydro ASA (OL:NHY), which rose 4.41% or 2.62 points to trade at 62.02 at the close. Frontline Ltd (OL:FRO) added 2.30% or 5.50 points to end at 244.60 and Hafnia Ltd (OL:HAFNI) was up 1.74% or 1.35 points to 79.05 in late trade.

Biggest losers included Nel ASA (OL:NEL), which lost 2.72% or 0.15 points to trade at 5.43 in late trade. Tomra Systems ASA (OL:TOM) declined 0.88% or 1.40 points to end at 157.00 and Borr Drilling Ltd (OL:BORR) shed 0.84% or 0.50 points to 58.75.

Declining stocks outnumbered rising ones by 139 to 137 and 35 ended unchanged on the Oslo Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.93% or 1.31 to $69.06 a barrel. Meanwhile, Brent oil for delivery in November rose 1.70% or 1.22 to hit $72.83 a barrel, while the December Gold Futures contract fell 0.14% or 3.60 to trade at $2,607.10 a troy ounce.

EUR/NOK was down 0.38% to 11.81, while USD/NOK fell 0.18% to 10.61.

The US Dollar Index Futures was down 0.39% at 100.40.